Investment activity in industry

National Statistical Institute

Statistics on Tourism and Business surveys Department

Mariya Gergova

Head of department

2, P. Volov Str., 1038 Sofia, Bulgaria

[email protected]

+359 2 9857 529

The survey gathers information from managers about the carried out investment and investment plans of the enterprises. The inquiry is conducted twice a year - in March and in October, and the questionnaires have different content. The March survey gathers information about the investment during the current year and previous two years, while the October survey - about the investment in the previous, present and next year, and the influence of definite factors on the investment over the present and next year.

• Classification of Economic Activities (CEA-2008);
• Main industrial groupings;

The survey covers enterprises in the industrial sector.

Based on data received from March survey is calculated the expected percentage change of the investment carried out during the current year in comparison with the investment from the previous year. Based on results from October survey - the percentage change of the investment carried out during the current year compared to the previous year, and also the expected investment for the next year compared to the current year.

The observed unit is enterprise.

About 3900 enterprises are surveyed.

At national level: total for the territory of Republic of Bulgaria.

At European level: General for Economic and Financial affairs Directorate publishes for the EU member states, Euro area and EU candidate countries.

The time series of data are published from 2003 (at Information System INFOSTAT of the National Statistical Institute).

In March 2021 tha last survey was conducted.

Not applicable.

Balance and percentage.

Year.

• Joint harmonised EU programme of business and consumer surveys;
• Manual to the Joint harmonised EU programme of business and consumer surveys;
• Law on statistics;
• National Statistical Program;

The indicators are provided to EC, DG "Economic and Financial affairs", according to concluded agreement.

The confidentiality of the individual data of the respondents in the survey "Investment activity in industry" is guaranteed by:

• Law on Statistics:  https://www.nsi.bg/bg/node/553;
• Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164). The regulation stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due *account for technical developments and the requirements of users in a democratic society. 

​        (http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2009:087:0164:0173:bg:PDF)

Individual data from the survey are not published in accordance with article 25 of the Law on Statistics. The publishing of individual data can be performed only in accordance with article 26 of the Law on Statistics and Rules for provision of anonymized individual data for scientific and research purposes (https://www.nsi.bg/bg/node/575).

The date of publication of statistical information is indicated in the Release Calendar presenting the results of the statistical surveys carried out by the National Statistical Institute. The data are announced in the first two weeks after the reference period.

The calendar is available on the NSI website: https://www.nsi.bg/en/node/480

Data for the investment activity in industry are published on the NSI website, according to the Chapter 5 of the Law on Statistics and European Statistics Code of Practice, considering professional independence and with aim of impartiality and transparency, where all users are treated equal:

The access to the results of the statistical surveys of all users and equality of their rights are regulated in the Rules for dissemination of statistical products and services of the National Statistical Institute.

Annual.

NSI publishes regular press releases "Investment activity in industry"  in the first two weeks after the reference period.

Analytical publication "Bulgaria 2011 - statistical panorama".

The results from the investment activity in industry are available in the information system for online requests for statistical information - INFOSTAT.: Topic "Business Statistics", Subtopic "Business Surveys": https://infostat.nsi.bg/infostat/pages/module.jsf?x_2=33

Not applicable.

Information services on request, according to the Rules for dissemination of statistical products and services by the NSI https://www.nsi.bg/bg/node/564/.

Manual to the Joint harmonised EU programme of business and consumer surveys.

Not applicable.

The applied statistical practice of providing data is according to the harmonized European Union programme for business surveys.

Is performed according to the standard criteria for quality assessment - applicability, accuracy and reliability, timeliness, comparability and coherence. 

Main users of the data are Government institutions, scientific institutions and other users from the country, the European Commission, and other international organizations.

The users' satisfaction survey is not carried out.

The survey "Investment activity in industry" covers all required variables, according to the Joint harmonised European Union programme.

In sample surveys may be mistakes in the registration of answers, processing, and others.

The NSI presents information about business surveys in the first two weeks after the reference period.

The data are disseminated according to the planned schedule.

The data received at national level are comparable between different countries carrying out business surveys according to Joint harmonised EU programme.

The time series data are comparable in time.

Not applicable.

Not applicable.

In order alleviate the business in submitting statistical data, reducing the respondents' burden and improve the quality of data in statistical surveys since October 2012 "Business survey of investment activity in industry" are conducted through web-based questionnaires.

Not applicable.

Not applicable.

Main data source are questionnaires.

Annual.

Methods of data collection:

• Through the web application and in order to reduce the degree of non-response is provided sending informational and reminder letters;
• Printed form is sent to the respondents by email or postal mail, and then they collect from RSOs that shall introduce the information in the application.

Data validation is done on two levels:

• Stage one: validation of the data in the process of entering data from the questionnaires. The information is entered through a specially developed software product, in who logical and arithmetic controls are set, which show possible discrepancies and incorrect values of the variables.
• Stage two: once the data are entered, in HO of the NSI they are subjected to additional validation procedures.

The data processing is performed by developed application software.

Not applicable.